View more on these topics

NIB International – NIBI Optimum Return Fund

Wednesday, 3 October 2001.

Type: Oeic.

Aim: Growth by investing in fund of hedge funds.

Minimum investment: Lump sum $25,000.

Place of registration: Isle of Man.

Investment split: 100 per cent fund of hedge funds.

Isa link: No.

Charges: Initial 5 per cent, annual 1.75 per cent.

Commission: Subject to negotiation.

Tel: 01624 630373.

Recommended

Global funds seek UK haven

Two-thirds of unit trusts in the global growth sector reduced exposure to the US in August, according to Lipper&#39s monthly review of UK funds.Fund managers were looking to invest in the UK, with 60 per cent increasing their stake in UK equities.The move away from the US followed the decline of the S&P 500 index […]

House prices surge in September

House prices in the UK rose by 2.8 per cent, the highest monthly increase for eight years in September, according to figures published by Nationwide.The Nationwide figures show that the average price of home in the UK has increased 14.6 per cent since September 2000 to £92,432.

IFAs feel the sway towards multi-ties

While the future of polarisation is still under consultation, it is clear from the findings of Money Marketing&#39s research that IFAs are taking possible changes to the regime very seriously.The research was carried out by financial services consultancy Sway to investigate IFA attitudes to polarisation and multi-ties.Sway sent out questionnaires to RIs asking them to […]

Alliance unites to back advice

The ABI, Autif, AITC, Aifa and Apcims have formed an unprecedented alliance in a bid to ensure Ron Sandler recognises the value of financial advice in his review.In a joint letter, the five director generals – the ABI&#39s Mary Francis, Autif&#39s Richard Saunders, Apcims&#39 Angela Knight, the AITC&#39s Daniel Godfrey and Aifa&#39s Paul Smee – […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment